Procurement & Contract Management - Complete Guide

"Master bidding strategies, contract types, risk allocation, and vendor relationships. Earn 3 PDUs.

What you'll learn
- Procurement and Contracts
- The fundamentals of contracts
- What is procurement and why it matters
- How to manage contracts to increase profits
- What is procurement management?
- Why procurement matters
- Procurement in 4 simple steps
- How to think about contracts
- Plan procurement management
- Writing a scope of works
- The make or buy decision
- Conducting procurement
- Controlling procurement
- Understanding markets and supply chains
- Understanding construction contracts
- Construction procurement routes
- Construction procurement and contract management
- How to become a contracts manager
- AI and construction contracts
- Prepare for your PMP exam

Requirements
- Motivated to become a better project manager

Description
Master Project Procurement and Management (and prepare for your PMP exam)

The reality is that when we deliver a project we need to outsource work to other companies. That means we need to form, negotiate, sign and adminster contracts. Considering on average 90% of a project's total expenditure is on external parties, learning to understand, form and manage contracts will make you a better project manager.

We've helped over35,000 studentsadvance their project management careers by mastering these fundamentals.

Learn effective procurement and contract management in just a few hours.

The course is:

Proven- thousands of satisfied students, with 94% reporting career advancement

Practical- developed with industry experts for real-world application

Fast-streamlined content focused on essential knowledge

Resource-Rich- includes downloadable slides and materials

We actively respond to all student questions and continuously improve based on feedback.

Join ourProject Procurement and Contract Management Courseto ensure your projects are a success no matter what happens.

The course covers:

Section 1 - Introduction

What is project procurement management

Procurement vs Contract Management

Contracts are the key to career progression

Why is procurement essential

Key procurement documents

Where procurement fits in

Procurement made simple

How to think about contracts

Section 2 - PMBOK Procurement Management Process

Plan Procurement Management

Writing a scope of works

Make or buy decisions

Conducting procurement

Controlling procurement

Section 3 - Construction Applications

Understanding markets and supply chains

Understanding construction contracts

Construction procurement routes

Construction procurement and contract management

How to become a construction contract manager

AI and Construction Contracts

Section 4 - Conclusion

Practice Exam Questions

Let's get started!

Who this course is for:
- Project Managers
- Construction Managers
- Project Engineers
- Contracts Administrators
More Info